July 7, 2020 Terry’s Tips Trade Alert #2 – Rising Tide Portfolio

We remain negative net delta:

BTC 2 COST 10Jul20 307.5 calls (COST 200710C307.5)
STO 2 COST 10Jul20 317.5 calls (COST 200710C317.5)
BTO 2 COST 21Aug20 315 calls (COST 200821C315)
STC 2 COST 21Aug 20 305 calls (COST 200821C305) for a credit of $0.40 (selling a vertical roll)

BTC 1 COST 10Jul20 310 call (COST 200710C310)
STO 1 COST 10Jul20 315 call (COST 200710C315) for a debit of $2.80 (buying a vertical)


Be prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.

Happy trading.

Terry